Subscription News Roundup: How to sold out subscription in only 6 hours?

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As a subscription business owner, there may be times when you feel stuck and unmotivated. If you’re in that boat now, I want to encourage to read a recent article from the Subscription Trade Association offering advice on how to overcome lackluster times as a subscriptionpreneur. I hope you find it helpful, and as always, feel free to schedule time with me if you want to have a risk-free conversation surrounding your e-commerce strategy!

Every week, we highlight the biggest news happening in the subscription economy. Our hope is to inspire you to glean from what other successful recurring revenue merchants are doing, and we scour the web so you can stay current without getting buried in content. We also accept submissions, so please share your latest business news with marketing@powersync.biz for consideration.

Let’s get into it, but first…

Deals of The Week

Subway Sells Out of Footlong Pass Subscriptions

The $15 “Footlong Pass” subscription, which sold out in six hours, offers 50% off a footlong each day in September when ordered on Subway’s app or website with daily digital codes.

Read the full story on Axios.com.

Why Segmenting Customers is Crucial for Your Subscription Business

Find out why segmenting customers is crucial for your subscription business and how to get started.

Read the full story on SUBTA.com.

Food Delivery Service Grab Expands Subscription Program as Users Seek Deals

Southeast Asian super app service Grab will expand its pilot subscription program called GrabUnlimited to more of its markets, saying the response from users has been encouraging.

Read the full story on PYMNTS.com.

Peloton Shares Plummet after Company Reports a Big Loss and Declining Revenue

Peloton on Thursday reported widening losses and slumping sales for its fiscal fourth quarter as the connected fitness equipment maker attempts to win back investors with cost cuts and strategic shifts.

Read the full story on CNBC.com.

Gannett Class Action Alleges Newspapers Auto-Renewed Subscriptions after customer cancellations

Gannett deceptively and unlawfully automatically renews the newspaper subscriptions of consumers who have already canceled their subscriptions, a new class action lawsuit alleges.

Read the full story on TopClassActions.com.

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